OLD TOWN RESIDENTIAL SERVICES CORP (EIN 110025004) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1994

Legal Domicile

Principal Officer

LAURIE MILLER

Phone

2078276151

Tax Period

2024-04-01 to 2025-03-31

OLD TOWN RESIDENTIAL SERVICES CORP, founded in 1994, is a community nonprofit that reported $1.0M in total revenue in fiscal year 2024.

Mission

TO PROVIDE AFFORDABLE HOUSING FOR LOW-INCOME PERSONS

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $235

Program Service Revenue $995,876

Investment Income $19,849

Other Revenue $0

TOTAL REVENUE $1,015,960

Expense Breakdown

Grants Paid $0

Salaries & Benefits $571,969

Fundraising Expenses $0

Program Expenses $910,524

Other Expenses $435,272

TOTAL EXPENSES $1,007,241

Year-over-Year Comparison

	2024	2023	Change
Revenue	$1,015,960	$1,017,294	0.0%
Expenses	$1,007,241	$1,011,819	0.0%
Net Income	$8,719	$5,475	+0.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

Volunteers

N/A

Governance Policies

✗ Conflict of Interest Policy

✗ Whistleblower Policy

✗ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

✗ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
IONA CROWLEY	VICE PRESIDENT	1.00	Officer Director	$0	$0	$0
JOSEPH CYR	DIRECTOR	1.00	Director	$0	$0	$0
JANE STURGEON	DIRECTOR	1.00	Director	$0	$0	$0
BETTY SMART	DIRECTOR	1.00	Director	$0	$0	$0
GERRI VIITALA	DIRECTOR	1.00	Director	$0	$0	$0
JANET MURPHY	DIRECTOR	1.00	Director	$0	$0	$0
SUSAN RANDALL	DIRECTOR	1.00	Director	$0	$0	$0
LAURIE MILLER	SECRETARYTREASURER	1.00	Officer	$0	$0	$0
BRENT FOLSTER	PRESIDENT	1.00	Officer	$0	$0	$0

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2025	$1,015,960	$1,007,241	$1,166,479	$8,719
2024	$1,017,294	$1,011,819	$1,196,971	$5,475
2023	$970,612	$1,028,338	$1,261,290	$-57,726
2022	$989,716	$897,737	$1,417,666	$91,979
2021	$996,944	$833,905	$1,389,112	$163,039
2020	$911,188	$787,141	$1,282,227	$124,047
2019	$876,441	$770,844	$1,188,712	$105,597

OLD TOWN RESIDENTIAL SERVICES CORP